Financial Accounting Blog

Tuesday, October 14, 2003

Interesting article regarding the expansion of two of the more successful low-cost air carriers, JetBlue and Southwest. Both airlines have gained substantial profits in the time since 9/11, but the article states that a downturn for both companies is imminent. Both companies are continually expanding into larger markets but the demand in these markets have not hit an upturn. Both these low-cost carriers are betting that the demand will increase in the upcoming future.